Watch out for these penny stocks locked in the upper circuit on May 23
The domestic benchmarks made respectable advances in today's trade but still trading in a constrained range.
The BSE Sensex climbs 200 points to reach 62K; the Nifty is above 18,400; and Adani stock prices rise up to 10 per cent. Adani Group stock increased for a third day in a row, with the company's main stock, Adani Enterprises, rising by 10 per cent. A rise in the share price of Adani Wilmar coincided with a close second. Additionally, at the start of the day, all 10 stocks were trading in the green. The increase happened after a Supreme Court-appointed expert committee found that none of the Adani Group companies had violated any regulations. The finest long-term investment, in the opinion of investors, is Ambuja Cement, followed by Adani Ports & Special Economic Zone.
As of 10:40 am, the BSE Sensex is trading at 62,170 levels, gaining 206 points. While the S&P BSE Mid-Cap also increased by 125 points and is trading at a level of 26,467 points. The Small-Cap index too jumped by 151 and trading at a level of 30,020. The NSE index NIFTY50 climbed by 90 points and is trading at a level of 18,404. The Bank Nifty on the likewise is in green up by 138 points to a level of 44,023 level.
On May 22, the foreign portfolio investors bought securities worth of Rs 922.89 crores and the domestic institutional investors (DIIs) were the net buyers of shares worth 604.57 crores.
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Following is the list of Penny Stocks that got locked in the upper circuit on Tuesday. Keep a close eye on these counters for the upcoming sessions: